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Teters Floral plans to bloom with success in Louisville

by admin • March 29, 2012 • Comments Off on Teters Floral plans to bloom with success in Louisville

By Joseph McCain The Winston County Journal

The Winston County Economic Development Partnership cut a ribbon for an almost 20-year-old company Tuesday in recognition of its job growth and plans for future expansion in Winston County. “We appreciate our existing industry,” said Winston County Economic Development Director Gerald Mills. Mills explained that the ribbon cutting signified the first step in a growing future for Teters Floral Products. Teters recently acquired NAPA Home and Garden Products in Georgia and moved the manufacturing of the goods to Louisville which added 3 more jobs to the facility. The company has plans for further expansion and will receive help from the county to improve the county owned building to make the facility more worker-friendly and useable. The county has agreed to use $140,000 of the yearly rent for maintenance of the building and to fix items in disrepair. The county has also applied for a $50,000 grant to help fix the roof on the building. “Every job counts,” said Board of Supervisors’ President Larry Duran about the county’s support of the company and fixing the county owned building. Michael York, Teters Vice President of Operations, thanked the county for its investment in the building and noted that he hoped to a total transformation in the building as the company continues to grow and expand. “Our goal is to grow the business and the workforce,” said York. The company has added 4 jobs since January and now employs 36 full time and 18 temporary personnel. Warren Mazer, President of Teters, explained he was pleased with the company’s growth and was looking forward to the company becoming a more vital member of the community and being part of the community for a long time. Teters has signed a 3-year lease with two three-year renewal options. The lease also contains an increase in rental fees each year. This is the first new lease on the building since 1960. The county bond on the building would be paid in May which would allow future lease payments to be used by the county to repair the building and on other economic development projects. The roof repair would be the first project to be tackled and includes cleaning the old debris items off the room. Teters is a leader in the permanent floral and home decor industries. it was founded in 1957 or the purpose of manufacturing and selling Memorial Day wreaths and sprays, the company has grown into a leading multi-national permanent botantical supplier importing, assembling, and distributing artificial floral products to wholesale and retail customers around the globe. It has been in Louisville for about 20 years.

MS PRESS

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